Loading...
HomeMy WebLinkAbout1986-134-08/19/1986-AUTHORIZING THE CITY MANAGER TO ENTER INTO A LEASE AGREEMENT WITH THE DOWNTOWN DEVELOPMENT AUTHORITY RESOLUTION 86-134 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE CITY MANAGER TO ENTER INTO A LEASE AGREEMENT WITH THE DOWNTOWN DEVELOPMENT AUTHORITY FOR THE LEASE OF OFFICE SPACE IN THE DOWNTOWN PARKING GARAGE FACILITY WHEREAS, the Fort Collins Downtown Development Authority has constructed a two-story office building in the vicinity of East Mountain Avenue and Remington Street; and WHEREAS, the City of Fort Collins desires to lease three hundred ninety-one (391) square feet of office space in said facility for the Parking Enforcement Division of the City's Department of Transportation; and WHEREAS, the lease payment for this office space is Three Thousand Six Hundred Twenty Dollars ($3,620.) to be paid annually with the same lease payment effective for the eighteen (18) year renewable term of the lease; and WHEREAS, the Lease Agreement also provides that the Parking Division pay a proportionate share of eight percent (8%) of the office building common operating and miscellaneous costs which include water, sewer and storm drainage; general maintenance and repair; capital improvements and structural repairs; landscaping and grounds maintenance; insurance; and, janitorial services; and WHEREAS, monies are available and budgeted for this lease payment; and WHEREAS, the Board of Directors of the Fort Collins Downtown Development Authority authorized its Executive Director to execute the Lease Agreement with the City of Fort Collins. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the City Manager be, and he hereby is, authorized to enter into a Lease Agreement with the Fort Collins Downtown Development Authority for the lease of three hundred ninety-one (391) square feet of office space in the office building located at 102 Remington Street in the City of Fort Collins. Passed and adopted at a regular meeting of the Council of the City of Fort Collins held this 19th day of August, A.D. 1986. Mayor ATTEST: City Clerk